I’m trying to buy a second multi family.

I purchased a single family to rent out the rooms and it sent my finical plan completely off course because I was not as ready as I previously thought.

I've been in a similar spot with family.  

I currently broker LIHTC multi-family for a large firm coast to coast and am also interested in MF in the Arizona submarkets as well, and will eventually invest on that scale - I just figure breaking into the state through SFH flips may be a more risk adverse way to understand the pros and cons to phoenix submarkets.

Hey Bigger Pockets family.

I have been renting out the first home to a family member under no official contract, but i want to establish it as an investment property.

She doesn’t need local family to manage it. 

I focus on rural, single family and duplexes.

Here’s a breakdown of some top areas:Cash Flow-Friendly NeighborhoodsWest Charlotte: Known for affordability and strong rental yields, West Charlotte offers opportunities in single-family and small multi-family properties.Gastonia: Just outside of Charlotte, Gastonia is a great spot for investors seeking cash flow.

Or if your gut tells you that your family will be happy in this new location, then follow that instinct!